10-Q quarterly report · filed Apr 29, 2026

PROG Holdings, Inc. (PRG) Q1 2026 10-Q Quarterly Report

Short answer

PROG Holdings, Inc. (PRG) filed its Q1 2026 10-Q quarterly report on Apr 29, 2026 for the quarter ended Mar 31, 2026. Quarterly revenue was $117M (down 82.9% year over year) with net income of $36M.

Q1 2026 key financials · XBRL

Revenue
$117M
−82.9% YoY
Net income
$36M
+3.8% YoY
Operating margin
55.9%
EPS (diluted)
$0.89
+7.2% YoY

Source: XBRL data from the PROG Holdings, Inc. (PRG) Q1 2026 10-Q on SEC EDGAR. USD.

PROG Holdings, Inc. Q1 2026 10-Q analysis

AI summary of MD&A and risk factor updates

Management Discussion & Analysis

  • Revenue $742.7M, up 11.1% YoY from $668.4M, driven by Purchasing Power and Four
  • Progressive Leasing earnings margin 8.7% vs 7.5%; Four earnings margin 32.6% vs 13.7%
  • Four strongest segment: revenue $35.0M, up 142.3%; GMV $280.0M, up 133.6%
  • Purchasing Power weakest: $7.5M pretax loss and operating loss margin 2.3%
  • Cash $69.4M vs $308.8M, down $239.4M; acquisition consumed $424.2M cash and debt rose $341.3M
  • Headwinds: inflation, fuel costs, geopolitical disruption, tariffs, elevated rates, unemployment and federal workforce reductions

Risk Factors

  • No material risk-factor changes from the 2025 Annual Report
  • Carried-forward risks remain the company’s principal disclosed exposures
  • No new regulatory, legal, compliance, operational, competitive, market, or financial risks identified this quarter

Generated from the filing text; verify against the original. 10-K vs 10-Q vs 8-K

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